Mayors call for govt to act on spiralling insurance costs

Tuesday February 02, 2021

Queensland councils are calling for federal insurance support for homeowners and businesses amid skyrocketing premiums across northern Australia.

Waves crash on the Cairns waterfront during Cyclone Yasi. (Photo: ABC)

Premiums have shot up by 178 per cent in northern Australia in the past decade, compared to 52 per cent in the rest of country, according to an Australian Competition and Consumer Commission (ACCC) report released in December.

Local Government Association of Queensland president Mark Jamieson said 62,000 properties in the state’s north were…

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